Manufacturing rally

The Purchasing Managers' Index (PMI), a measure of manufacturing activity compiled by NTC Research for ABN AMRO, rose from 51.6 in October to 51.9 last month. The October PMI level marked a two-year low.

"The low level of the PMI in recent months in relation to earlier in the year largely reflects falling export sales, as the strong złoty and weaker demand from the euro zone have undermined foreign sales," ABN AMRO said in a statement.

According to the data, hiring by manufacturers continued in November, potentially signaling optimism about the economy. (Reuters)